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Key Objectives of Human Resource

Management
A human being is a primary resource for manufacturing or building everything.
Every good or service is produced with the help of human intellect, effort, and
labour hours (working hours). Every organisation wants to employ qualified
workers who can help them become the best in their field. Hence, the objectives
of human resource management are intended to make effective use of both the
organisation’s existing human resource and the skilled labour force that is now
accessible outside the organisation.  

The construction sector has been experiencing a severe scarcity of experienced


workers, which serves as the greatest example of the current condition. Industry
analysts fear that it will have a detrimental influence on the sector’s overall
productivity since it is predicted to triple from its current 30% over the next ten
years. This blog will help you understand the roles and key objectives of human
resource management. But first, let’s understand what the aim of human
resource management is.

What is the aim of Human resource management?


Human resource management aims to fill the required job positions in the
company and work with job holders (employees). Vacancies need to be
identified, and notifications need to be sent out with relevant job descriptions
(duties and responsibilities) and requirements in order to source the best
candidate for a given position ( physical and academic qualifications). The
appropriate selection techniques for choosing the proper individual are used to
assess the invited applicants’ accuracy. Candidates who are subsequently
chosen then get the appropriate instruction to carry out the duties and
responsibilities specified in the announcement. 
Objectives of Human Resource Management

Human resource management’s main purpose is to ensure that both the


employee and the employer are happy. The goals of Human Resource
Management include assuring compliance, convenient on-time payroll, access to
data, and the accessibility of resources.

Human Resource Management aims to provide a stable workplace with


centralised data and effective operations. Operational goals and verticals
generally impact Human Resource Management objectives. The objectives of
human resource management can be roughly divided into four categories:

 Societal Objectives

While limiting the negative effects of such requirements upon the organisation
to utilise its resources for society’s advantages in ethical ways can lead to
limitation, it is important to be socially and morally accountable for the demands
and difficulties of society.

Also Read: What is Strategic Human Resource Management? Definition and


Examples

 Functional Objectives

Organisations should meet requirements in order to keep department


contributions at a suitable level. When human resource management seems to
be either more or less competent to meet the expectations of the company,
resources are squandered.
 Organisational Objectives

Human Resource Management should be understood as a tool to help the


business achieve its main goals rather than as an end in and of itself, which is
the function of an HR manager in fostering organisational performance.

 Personal Objectives

Helping employees achieve their own objectives, at least to the extent that doing
so will improve their contribution to the company, is another role of human
resource management. Employees need to be inspired, retained and nurtured in
their own goals.

There are many other additional objectives of human resource management.


Take a look at some of the other major ones:

 Organisational Goals

This is where human resource management begins. Fulfilling organisational


goals is one of the main purposes. Employing human resources to meet
organisational needs and objectives is crucial for efficient human resource
management.

Workforce management and employee needs, including hiring and training,


payroll administration, and retirement, are all part of an organisation’s
objectives. Human resource management involves effective planning and
implementation in order to achieve corporate objectives. Human resource
management is insufficient without predetermined objectives, missions, and
resource allocations. Reaching human resource management goals is not
challenging if you know your resources and strategy.

Post Graduate Certificate in Human Resource Management


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 Work Culture

Employees and the workplace culture come first when managing human
resource management successfully and achieving goals. Workplace culture is
crucial in determining Human Resource Management and company
performance.

An HR manager must be engaged when advocating for policies to promote a


better workplace culture. You can benefit from automated processes like
acknowledging reimbursement requests and approving leave. Empowerment of
employees and a quick line of operations contribute to a healthy work
environment. Building a positive work culture starts with cultivating and
sustaining positive, open relationships across teams and team members. More
than half of your work may be resolved by implementing the appropriate
solutions, such as personnel management software.

Small efforts, like efficient onboarding procedures, can create a positive


perception of the workplace. 

 Integrated Teamwork

Ensuring the team organises well is one of the key duties and goals of human
resource management. There must be effective communication between various
departments and teams in the company. Here, HR must ensure that there is a
tool to simplify the integration and make it more seamless.
Streamlining tasks and operations is the goal of functional objectives like team
integration. To guarantee efficiency, communication between people needs to
be appropriate. You must look for better integration platforms to facilitate user
access to data to manage HR successfully. The self-service portal, for example,
can let employees get in touch with HR personnel.

 Training and Development

Two crucial and fundamental factors are employee effectiveness and


performance for a company to achieve its fundamental goals in human resource
management. Employees feel secure and organised with sufficient training and
future prospects. The training methods have a significant impact on effective
employment. Giving staff opportunities is a fantastic method for ensuring
workforce management.

Planning, organising, training courses, and evaluating each on-board can be


challenging while dealing with employees as part of human resource
management. Solutions such as training management software may provide you
with auto-reminders, a simple calendar, reporting, and monitoring capabilities to
alleviate the agony. The HR manager may make sure that the company has
efficient training procedures.

 Employee Dynamism

Keeping everything on the right track is HR professionals’ main goal in human


resource management. Keep negative energy and distractions at a distance. The
staff must be taken care of and motivated at all times in order to do this. How
can HR inspire employees?

Give them authority. Consider their points of view. Invite them to meetings or
decisions every week. Let them be a part of the company’s integral matters, even
if they are new. Keep the spirit up at all times. Employee appreciation measures
like yearly performance-based appraisals can also be beneficial in human
resource management.

Your staff may be motivated and productive throughout the service with the
help of an automatic feedback mechanism for performance assessment
management. If the workers are happy and content, nothing else will stop your
company from losing sight of its aims and ambitions. Therefore, human
resource management plays a key role in keeping the employees and workforce
happy and content in the company.

Also Read: Breaking Down The Scope Of Human Resource Management


 Empowering Employees

Another key objective of human resource management is the empowerment of


employees. Nothing can work more effectively in terms of employee
engagement than giving them more control. It can also save HR labour by
equipping them with resources like the ESS (employee self-service) site for
human resource management.

Employees can self-apply for approvals using the site and monitor them via their
mobile devices. You no longer need to knock on HR’s door for small inquiries. HR
interaction becomes trivial for many reasons, including leave requests, payslip
generation, PF account checks, remaining vacation time, future holidays,
manager information, etc.

 Retention

One of the main goals and objectives of HR managers is employee retention,


along with offering leadership qualities and chances. Human Resource
Management needs to keep employees happy and engaged as a key priority.

The largest difficulty, or goal, facing HR professionals is keeping employees on


board for a long time beyond the recruiting, onboarding, and training phases.
Employees frequently depart the company within two months of joining it. It can
result from a poor management system or a difficult hiring procedure.

The experience of the workforce must be carefully considered. Maintaining a low


employee turnover rate may be achieved by keeping your current workforce.
The HR manager in human resource management must discover the top
business retention advice if they want to maintain it steady.

Post Graduate Certificate in Human Resource Management


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 Data and Compliance


Managing company/employee data and compliances are also functional and
organisational objectives in human resource management. Managing payroll
compliance requirements for HR professionals and managers and preventing
the firm from receiving any fines or penalties is a major task.

Pay attention to rules and regulations before committing to projects like hiring
and payroll. The goal is to prevent any unwarranted claims in order to maintain
efficiency. An efficient HR manager makes sure that they take decisions which is
in favour of both the company and the recruited employee. Even a minor
mistake or miscalculation can result in severe fines and even the loss of respect. 

Think you can manage all these responsibilities as an HR manager in human


resource management? 

Check out our Post Graduate Certificate in Human Resource Management and


begin your journey today!

How does the HRMS system assist you in achieving the objectives of human
resource management?

Human Resource Management System (HRMS) is a modern employee


engagement technology and payroll software. It removes the biggest part of the
documentation and human interaction, thus decreasing the likelihood of human
mistakes in computations in human resource management. You may simplify HR
processes, which comprise crucial duties necessary to meet the objectives, with
the use of the HRMS.

Processes are made simpler and more precise by automatically generating


reports and reminders. The probability of failure using an HRMS instrument is
negligible. A better working atmosphere, time consumption, and data availability
are some significant advantages of effective human resource management.

Curating and focusing on a set of HR goals might provide you with the
competitive advantage you need to survive in the market. With the changing
circumstances and expectations of people, catching up on the latest trends and
HR policies might be a wiser option.

How can you make human resource management easier for HR


managers?
Predicting future HR demands, managing resources, personnel
management, talent acquisition, HR data, fail-safe payroll, FnF settlements, etc.,
are all components of efficient human resource management. Online HR
software may be extremely beneficial to commit to an HR responsibility.
The essential workforce management may be made simpler and more precise
with the use of effective human resource management techniques and HRMS
software. Human resource management is made simple for individuals by HR
software with system modules like hiring management services, timesheet
monitoring, attendance records, etc.

Whatever the industry or the demands of the business, HR solutions are


practical and come in two main forms: on-premise and cloud-based, giving the
organisation much-needed freedom and power.

A post-graduate certification course in Human Resource Management can help


you enter this promising HR management field. With Edureka’s course, you can
hone your skills with live classes and interactions with the best mentors in the
business. With convenient class schedules, even working professionals can also
leverage this course.

Conclusion
Undoubtedly, the pace of technical progress has accelerated dramatically during
the historical process of industrialisation, making the workplace for employees
more complicated and demanding. Roles are becoming more specialised, and a
workforce that can continually upskill itself is needed to fill them.

Because of this, the function of human resource management has evolved from
being a merely incidental activity—the “hiring and firing department”—to
becoming a crucial management cornerstone for any 21st-century company
hoping to stay at the top of its particular market.

Additionally, it explains why modern businesses must integrate key objectives of


human resource management throughout the whole company. The
understanding that a team’s employees, communication, ongoing training, and
the organisational forms promoting them are the foundation of today’s
competitive business is a requirement for success.

If you’re running a business, you know that human resources are the essence of
your success. Managing your employees effectively is critical, and that’s where
a human resource management system comes in handy. It is a software
application created to help businesses manage employee information. It can
include features such as payroll processing, benefits administration, and
recruiting and training modules. 

This blog will discuss the basics of human resource management systems and
how they can help your business run more efficiently!
Human Resource Management System (HRMS): An Overview
HRMS (human resource management system) is a systematic solution that helps
organisations manage employee data. HRMS systems streamline and automate
various human resource processes, including onboarding, administration,
performance management, and more. 

One of the many great advantages of an HRMS is that it can help organisations
keep track of employee data in one central location. It can make it easier for
managers to access employee information and run reports. Additionally, an
HRMS can automate many time-consuming tasks, such as calculating payroll
taxes and generating benefit statements. 

If your organisation is considering implementing an HRMS, choosing a system


that will fit your specific needs is essential. There are a variety of HRMS systems
on the market, so it becomes imperative to do your research and select a system
that will work well for your organisation.

History Of HRMS: Down The Memory Lane

HRMS is a software application that manages the administrative functions of an


organisation’s human resources department. The early pioneers in HRMS were
designed to help organisations keep track of employee information and to
manage payroll and benefits administration. Today, HRMS systems are used by
organisations of all sizes to manage their human resources.

The human resource management system (HRMS) has been around for


centuries in one form or another. The history of HRMS can be traced back to the
times when human resources were first organised into a formal function within
organisations. Early arrangements of HRMS were designed to help organisations
keep track of employee information and to manage payroll and benefits
administration. During the 1970s and 1980s, HRMS systems evolved to include
employee self-service and performance management features. In the present
day, HRMS systems are used by organisations of all sizes to manage their human
resources.

The earliest HRMS systems were developed in the late 1970s when organisations
began to use computers to store employee data. These early systems were
primarily used for record-keeping and tracking employee information, such as
addresses, phone numbers, and dates of birth. 

In the 1980s, HRMS systems evolved into tools to help organisations manage
their workforce more effectively. These systems included features such as
employee self-service portals and online benefits enrollment. 
Today, HRMS systems are even more sophisticated, offering various features
and capabilities to help organisations manage their human resources more
effectively. Some of the most popular HRMS features include applicant tracking,
employee self-service, time and attendance tracking, and performance
management.

Did you know learning about HRMS can be fruitful for your HR career? For
stepping into the shoes of a proficient and responsible HR, you must learn HRMS
in detail. We offer a detailed PG certificate course that will take you through
every critical aspect of human resource management. Want to get a share of
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Why Is Human Resource Management System Essential?

Human resource management is imperative for any business or organisation. It


helps to ensure that the workforce is properly managed and utilised.
Additionally, human resource management can help to improve communication
and coordination within a company. By having an effective human resource
management system in place, businesses can save time and money while also
improving employee morale.

Human resource management systems can help businesses keep track of


employee information, performance, and attendance. Additionally, human
resource management systems can help automate many tasks associated with
human resource management, such as payroll and benefits administration. By
using a human resource management system, businesses can more effectively
manage their human resources and improve their overall efficiency.

Also Read: Key Objectives of Human Resource Management

Keep track of employee information

One of the essential benefits of HRMS is that it allows managers to keep track of
employee information in one central system. It includes employee contact
information, job titles and descriptions, performance reviews, and attendance
records. The data is precious when it comes to making decisions about things
like promotions, raises, and disciplinary actions.

Improve communication and collaboration

An HRMS can improve organisational communication and collaboration by


providing a central repository for employee information. It will include contact
information, job descriptions, performance reviews, and more. Making this
information accessible to all employees can help facilitate better communication
and collaboration.

Reduce costs and inefficiencies

An HRMS can help your organisation keep track of employee performance and
compliance with company policies. By reducing the amount of paperwork, you
can also save on storage and administrative costs. In addition, an HRMS can help
you automate tasks such as time tracking, payroll, and benefits administration.

Automate many HR processes

The human resource management system is a technology solution for managing


your human resources in an organisation. By automating many HR processes, an
HRMS can save your organisation time and money. An HRMS can help you
manage employee data, onboard new employees, track employee performance,
and more. Automation of these processes will eventually improve efficiency and
productivity in your HR department.

Compliance with employment laws and regulations

Human resource management systems can automate many processes and tasks
associated with compliance. For example, an HRMS can remind managers when
employee performance reviews are due or when safety training must be
completed. HRMS can help ensure that your organisation complies with
employment laws and regulations.

Save Time And Money

The system is a comprehensive solution for managing your employee data. It


can help you keep track of employee roles and responsibilities, contact
information, payroll, and benefits. An HRMS can automate many of the tasks
associated with human resources, freeing up your time to focus on more
strategic initiatives. It can also help you reduce costs related to human resources
administration.

Improve communication between managers and employees

An HRMS can improve communication between managers and employees by


providing a central repository for employee information. It will make it easier for
managers to find contact information, view employee records, and track
employee performance. An HRMS can also help automate communication
between managers and employees by sending automatic reminders or
notifications about essential deadlines or updates.

HRMS is a centralised system that stores employee data and information. The
primary purpose of an HRMS is to streamline and automate human resource
processes, including recruitment, onboarding, performance management, and
benefits administration. With all these benefits, HR professionals can optimise
their resources.

How HRMS Works?

The HRMS covers all aspects of human resource management, making it


seamless. It automates and streamlines HR processes, making them more
efficient and effective. The system also provides tools for managing employee
data, tracking employee performance, and improving communication between
employees and managers.

An HRMS typically includes the following modules:

 Employee self-service: Allows employees to update their personal


information, view and print their payslips, and request leave.
 Recruitment and onboarding: Automates the recruitment process, from
job posting to offer letter generation.
 Time and attendance: Tracks employee attendance and leave balances.
 Training and development: Tracks employee training records and
certifications.
 Employee performance: Manages employee performance reviews and
goal setting.
 Compensation and benefits: Tracks employee compensation and
benefits data.
 HR analytics: Generates reports on HR metrics, such as employee
turnover and engagement.
 Performance management: Manages employee performance reviews
and goal setting.
 Employee portal: Provides employees with a central location to access all
HR information and tools.
 Succession planning: identify high-potential employees and create
development plans to prepare them for leadership roles.
 Types of Human Resource Management Systems

 Human resource management systems come in all shapes and sizes.


There are many different human resource management systems, each
with advantages and disadvantages. Take a look at the types of human
resource management systems:

 Payroll systems: These systems help businesses keep track of employee


salaries, vacation days, and other important payroll information. It is
essential to choose a payroll system that is compatible with your
company’s accounting software. This HRMS helps ensure that your
employees are paid on time and efficiently manage their payroll
information.

 Training management systems: These systems help businesses track


employee training records and ensure that all employees are updated on
the latest company procedures and policies. Training management
systems can also help businesses plan and budget for future training
needs.

 Employee self-service systems: Human resource management systems


help employees to update their personal information, view their pay stubs
and request time off. These systems are typically accessed through a web
portal.

 Applicant tracking systems: These systems help businesses track job


applicants and manage the hiring process. The applicant tracking system
can be used to post job openings, track resumes, and conduct interviews.

 HRMS Vs HRIS

 As mentioned earlier, the human resource management system is a


software application that covers all aspects of an organisation’s human
resources, from recruitment and onboarding to time and attendance
tracking.

 On the other hand, the human resource information system (HRIS) is a


subset of the HRMS that contains only the data and information
management component. The HRIS tracks employee data, such as contact
information, job titles, salary history, and performance reviews.

 While both terms can be used as replaceable, there is a difference


between an HRMS and an HRIS. An HRMS is a comprehensive system that
covers all aspects of human resources, while an HRIS is limited to
employee data and information management.

 If you’re considering implementing a human resource management


system in your organisation, it’s essential to understand the difference
between an HRMS and an HRIS. Doing so will help you choose the right
system for your needs.

 Also Read: Role Of Human Resource Management in an Organization

 How To Ensure Stringent Security In HRMS?


 The security of your HRMS data is of utmost importance. After all, it
contains sensitive information about your employees. To ensure that this
data is safe, you need to choose an HRMS with robust security measures.

 Regarding security, there are a few key factors to look for in an HRMS.
First, you’ll want to ensure that the system is hosted on a secure server. A
firewall and other security measures should protect the server.

 Another essential factor to consider is how the HRMS handles data


backups. You’ll want to choose a system that automatically backs up data
regularly. This way, if there is ever a problem with the system, you can
rest assured that your data is safe and sound.

 Finally, you’ll want to choose an HRMS that allows you to control who has
access to your data. It means that you should be able to set permissions
and restrict access to certain system areas.

 Considering these factors, you can ensure that you choose an HRMS with
solid security measures.

 Conclusion

 In layman’s terms, a human resource management system or HRMS is


software helping businesses manage employee data. It can be used to
track employee roles and responsibilities, performance, and skills.
A human resource management system can also help companies to
automate payroll and benefits processes. By automating these processes,
businesses can improve efficiency and save time. 

 HRMS has become the need of the hour for businesses of all sizes. It can
strengthen the core human resource functions and help businesses
manage their employee data more effectively. Businesses should consider
their specific needs and budget when choosing an HRMS system. 

Objectives & Nature of Human


Resource Management
Human capital is a critical aspect of modern business. These two words describe
employees as a resource or asset beneficial to the company. However, people
usually aren’t as simple and come with a bunch of individual and group
requirements. This is where human resource management or HRM comes in.
HRM is a practice that involves recruiting, hiring, training, and managing an
organisation’s employees. Over the years, the nature of human resource
management has evolved from being a function under other areas of
management to holding its position as a key pillar in the overall business
strategy. 

Human resource management is all about having the right people, with the right
capabilities, in the right place, at the right time! 

Human resource management can be your ideal job if you like to approach and
encourage people. The tasks of an HR manager do not include only hiring and firing. It
also involves activities such as job design, employee relations, overseeing payroll, and
managing staff benefits. To successfully carry out your duties, you must know
the nature of human resource management and its objectives. However, first, let’s
understand what human resource management is. 

Understanding Human Resource Management


In today’s competitive business world, no organisation can imagine surviving
without a team of efficient employees or human resources. To retain this
efficient pool of employees, it is important to manage human resources
effectively. Human resource management is defined as the process of acquiring,
recruiting, and retaining employees in an organisation. 

HRM serves multiple essential purposes in an organisation for the growth of


employees and the company. It is essential for both an organisation and its
employees. For an organisation, HRM aims to maintain a positive work culture
and fulfil the organisational goals. For employees, HRM provides them with a
direction to achieve organisational goals, motivating them to perform more
efficiently in the future. 
Nature of Human Resource Management

Human resource management brings people together in an organisation. Why?


To make sure both individual and organisation goals are fulfilled! The following
features characterise the nature of human resource management:-

Also Read: Evolution Of Human Resource Management: Past and Future

 Managerial Proces

Human resource management is a vital part of management that includes


planning, organising, staffing, directing, and controlling human resources to
achieve organisational success. It is a managerial process that effectively utilises
human resources to attain organisational goals and objectives. 

 Both Art and Science

Human resource management is a mixture of both art and science. It is an art as


it deals with qualitative attributes like creativity, knowledge, skills, and talent of
the personnel. In simple words, HRM is the art of getting things done by others
effectively. HRM is a science as it requires different scientific techniques for
activities like recruitment, selection, training, and appraisal of employees. 

 Pervasive Force

Human resource management, being an inherent part of an organisation, is


pervasive in nature. It means that HRM is present in different functional areas of
management, like finance, marketing, and production, in all commercial and
non-commercial enterprises. Everyone in the organisation, from the top to the
lowest level, must perform HRM functions regularly. 

 Improve Employee Relations

“In order to build a rewarding employee experience, you need to understand what
matters most to your people.” – Julie Bevacqua.

Human resource management is concerned with building healthy relationships


between employees at various organisational levels. Every individual has different
needs, goals, and expectations. HRM deals with these individual factors and motivates
employees to reach their maximum potential. Moreover, it creates an organisational
culture that fosters learning and growth. 

 People-Centred

The nature of human resource management is people-centred and relevant in


all types of organisations. It is concerned with every employee from the top to
the bottom level. HRM value people both as individuals and as a group.
Furthermore, it encourages people to develop their full potential and fulfil
individual and organisational goals. 

 Development-Oriented

The development of the workforce in an organisation is crucial to the nature of


human resource management. HR managers use various tools to help
employees understand their strengths and unleash their potential. Regular
training programs can benefit employees by improving their skills. Also,
monetary and non-monetary reinforcement can help people stay motivated to
perform better. 

 Action Oriented

While human resource management does follow the rules and policies, its main
focus is on action and results rather than rules. A human resource manager
stresses the importance of providing effective solutions for employee problems,
tensions, or controversies. 

 Forward-Looking

Sustaining in the competitive business environment requires organisations to


plan long-term strategies. HRM is a future-oriented approach that evaluates the
human resource requirements and ensures the availability of required
personnel in the right place at the right time. With the forward-looking nature of
human resource management, managers prepare employees by motivation,
training, and development to face current and future challenges in the changing
business environment. 

 Continuous Process

Human resource management is not a ‘one-time’ function. Rather, it is a never-


ending process that must be performed continuously to achieve organisational
objectives effectively. It involves a series of tasks, beginning with identifying the
human resource requirement and continuing with recruitment, training,
performance evaluation, and appraisal. 

 Basis of Other Functional Areas 

HRM is the basis of all other functional areas of management, such as finance,
production, and marketing. The effectiveness of each of these departments
depends on the effectiveness of their human resource management. 

 Interdisciplinary Function

Human resource management is multidisciplinary in nature. HR managers utilise


knowledge and inputs from various disciplines to manage the
workforce effectively. The five major disciplines in HRM include management,
communication, psychology, sociology, and economics. In order to effectively
manage human resources, one must understand the contribution of all these
disciplines to HRM. 

If you want to land your dream HRM job or get a promotion, check out our post-
graduate certificate course in human resource management. The course will
help you understand the nature of human resource management. Moreover,
you will gain the knowledge and skills needed to manage human resources
effectively. 

Objectives of Human Resource Management


The primary objective of human resource management is to fulfil the human
capital requirements of an organisation by placing personnel in the right
position at the right time. Moreover, it aims to achieve maximum employee
development and contribute to realising organisational goals. The four
main objectives of HRM include:-
 Organisational Objectives

In an organisation, HRM’s objective is to maintain a competent workforce. How?


By planning, recruiting, selecting, training, and developing the human resources
for the organisation’s growth, expansion, and survival.

Another critical organisational objective of HRM includes facilitating other


departments and helping them function smoothly. The action-oriented nature of
human resource management assists an organisation in achieving its goals. As
an HR manager, you should ensure the effective utilisation of human resources
to help the organisation reach its goals. 

 Functional Objectives

Human resource management is responsible for coordination within and among


different functional departments of the organisation. It organises and allocates
the resources to achieve business objectives effectively. 

The objective of HRM is to provide every functional department with employees


who possess the required set of skills and knowledge. To fulfil this very nature of
human resource management, HR managers must ensure the timely completion
of functions by the workforce. Moreover, it is important to continuously provide
employees with opportunities and direct them toward the organisation’s goals.  

 Societal Objectives
HRM is responsible for ensuring compliance with society’s legal and ethical
standards at every level of the organisation. The activities of HRM should be
socially responsible and fulfil society’s needs, demands, and challenges.
Therefore, HR managers must ensure that the available resources are used for
society’s benefit.

To achieve this objective, HR managers develop programs that meet employees’


psychological, social, ethical, and economic needs. Some examples of these
programs include equal opportunities, compensation and benefits, and
community relations. By fulfiling the societal objectives of employees, HRM aims
to motivate and retain productive employees. 

Also Read: Key Fundamentals of Human Resource Management

 Personal Objectives

Employees’ long-term association and commitment with an organisation depend


on their ability to achieve personal goals. Therefore, HRM stresses the
importance of fulfilling employees’ personal objectives and increasing their
contribution to the organisation. 

To prevent employee performance deterioration, HR managers must help the


workforce create a work-life balance. They should also be provided with
adequate training and feedback on their performance. Why? Because it helps
employees identify weak areas and rectify them. 

Some other objectives of human resource management include the following:


 Foster a Better Work Culture
Improving employee relations is an inherent nature of human resource management. One of the
most important aspects of employee relations is their work environment. Effective HRM requires
developing strategies that promote a better work culture. Some examples of fostering a work
culture include developing and maintaining healthy relations between team members, empowering
the employees, and adopting quick onboarding processes.
 
 Adopt Tools for Team Integration
Effective team coordination is one of the major objectives of human resource management. Higher
productivity is the result of proper connections between employees in the organisation. How to
achieve that, you ask? By ensuring easy communication between individuals and groups at various
enterprise levels! Therefore, HR managers search for tools or portals that improve data availability
and make integration smooth and easier. 

 Increase Employee Engagement


While every department in the company can and should implement employee engagement
programs, HRM is vital to successful employee engagement measures. HR managers organise
events, activities, and celebrations within the organisation that not only helps in team development
and employee engagement but also foster employee confidence. Moreover, boosting employee
engagement can help HR managers impact employee retention, well-being, and productivity. 
 Define an Organisational Structure
Though important, hiring the right person for the right task is only a small part of the process. Once
the employee is hired, the HR department needs to define an organisational structure to nurture
employee skills. The organisational structure required for a manufacturing firm varies significantly
from a hospital or an academic institution. HRM is responsible for recognising the structures and
practices that would work in that specific work environment. 

Now that you know the nature of human resource management and the objectives of HR managers
in an organisation, let’s understand the scope of HRM. 

Scope of Human Resource Management

Human resource management has a wide scope. Every big and small department in an organisation
needs human resources and, as a result, human resource management. The scope of HRM can be
divided into three different aspects:
 The Personnel Aspect
Ensuring the individual growth of each employee is in the nature of human resource management,
which can indirectly affect the organisation’s overall growth. This aspect is concerned with activities
like assessing human resource requirements, recruitment, selection, placement, promotion, training
and development, transfer, incentives, remuneration, productivity, lay-off, retrenchment, etc. 
 The Employee Welfare Aspect
The objective is to ensure proper working conditions and amenities like canteens, creches,
lunchrooms, restrooms, housing, transport, recreation facilities, etc., at the workplace. HRM is
responsible for eliminating workplace hazards and providing employees with job safety, education,
health, and medical services, and more. 
 The Industrial Relation Aspect
The objective is to maintain peace and harmony in the organisation. How? By interacting with the
labour union, addressing their grievances, and settling disputes! The aspect covers union-
management relations, consultation, bargaining, grievance action, and dispute settlement.  
Human resource management is a vast and complex field that encompasses
many different aspects of the workplace. From screening and recruitment to
training and development, human resource professionals are responsible for
ensuring that employees are productive and satisfied in their jobs. Through this
blog post, we will take a closer look at the scope of human resource
management and discuss some of the critical functions that fall within its scope.

What Is Human Resource Management? And How Can It Enhance


Business Stature?
Human resource management is the term used to describe formal systems
within organisations designed to manage people. It is responsible for ensuring
the staffing of an organisation, as well as employee development and training,
performance management, compensation and benefits administration,
organisational development, and employee relations. 

No company or organisation can succeed without a productive workforce, no


matter how good their products or services are. It is human resource
management’s responsibility to ensure that a company has the right mix of
talent and skillsets to achieve its business goals. Additionally, human resource
management must also provide support and resources that allow employees to
be productive and effective in their roles.

It is essential to understand that human resource management sets the course


for how an organisation will treat its employees. A company with strong human
resource management practices typically has lower turnover rates, higher
employee satisfaction, and higher productivity levels.
There are many aspects to human resource management (HRM), but some of
the most important include:

 Hiring and onboarding


 Employee development
 Compensation and benefits
 Performance management
 Organisational development
 Employee relations

Each of these areas is important in its own right, but when they are managed
effectively, they can have a positive impact on the overall culture and
performance of a company.

An Overview: Scope of Human Resource Management


The scope of HRM is constantly evolving. As organisations become more
complex, the role of HR must adapt to keep up. In its most basic form, HRM is
responsible for managing an organisation’s workforce. This includes recruiting,
hiring, and onboarding new employees. HRM also oversees employee relations,
benefits, and payroll.

In recent years, the scope of HRM has expanded to include strategic planning,
talent management, and employee development. HR must now partner with
other departments to ensure that the organisation’s goals are met. This requires
a deep understanding of the business and the ability to make data-driven
decisions.

The scope of HRM will continue to evolve as organisations become more


complex and the workforce becomes more global. HR must be adaptable and
always ready to meet the changing needs of the business.

Also Read: What is Strategic Human Resource Management? Definition and


Examples

Scope of Human Resource Management: Explained In Detail


There are many different scopes of human resource management activities that
organisations can choose to adopt. The scope of human resource management
activities will be dictated by the organisational culture, the organisation’s size,
and the organisation’s specific needs. The scope of HRM activities can be broadly
classified into five categories:

 Employee recruitment and selection


 Employee training and development
 Employee performance management
 Compensation and benefits administration
 Industrial relations

Let’s discuss the scope in detail.


Employee Recruitment And Selection
The scope of human resource management activities in employee recruitment
and selection includes all the activities involved in identifying, attracting,
screening, and selecting employees for an organisation. The scope of human
resource management activities in employee recruitment and selection also
includes developing and implementing policies.

Recruitment and selection is the most crucial process that defines the scope of
human resource management. Hence, it becomes imperative to have a
transparent scope of human resource management activities in this area so that
the organisation can identify the most suitable candidates for the vacant
positions. Without the proper scope of human resource management activities
in employee recruitment and selection, the organisation may end up recruiting
employees who are not a good fit for the organisation.

Benefits of Employee Recruitment and Selection:

Identify Suitable Candidates 

Without the scope of human resource management activities in employee


recruitment and selection, the organisation may end up hiring employees who
are not a good fit for the organisation.

Assess the Skills & Abilities of the Candidates

The scope of human resource management activities in employee recruitment


and selection helps assess the candidates’ skills, knowledge, and abilities. This
helps the organisation to identify the most suitable candidates for the vacant
positions.

Employee Training and Development


Organisations invest significant resources in employee training and
development programs. The scope of human resource management includes
designing, delivering, and evaluating these programs.

One popular employee development program is management training.


Management trainees learn the basics of running a business unit or
organisation. They also learn how to motivate and lead employees.

Organisations also offer training programs to help employees improve their job
performance. These programs may be specific to a particular job or maybe
general skills training. For example, an organisation might offer a customer
service training program to help employees improve their communication and
problem-solving skills.

Finally, some organisations offer employee development programs to help


employees prepare for future roles within the organisation. For example, an
organisation might offer a management development program for high-
potential employees. This program helps participants develop the skills and
knowledge they need to succeed in a management position.

The human resource management scope also includes evaluating employee


development programs’ effectiveness. Organisations use various methods to
evaluate these programs’ effectiveness, including surveys, interviews, and focus
groups.

Benefits of Employee Training and Development:

Improved Job Performance

Employee training and development programs can have several benefits for
organisations. These programs can help improve job performance by teaching
employees the skills they need to be successful in their jobs.

Organisations that offer employee development programs also tend to see


improved job performance from their employees. This is because employees
who participate in these programs have the opportunity to learn new skills and
knowledge that they can apply to their jobs.

Increased Employee Retention

Employee training and development programs can also help increase employee
retention. Employees who participate in these programs often develop a
stronger commitment to their organisation. They also tend to better understand
the organisation’s goals and objectives.

Employee development programs often see increased employee retention.


Employees who participate are loyal and committed to the company and
employers. 

Employee Performance Management


The scope of human resource management (HRM) is constantly evolving. With
changing and diverse workforce, the strategies and practices used to manage
employees must evolve. An area that witnessed significant changes in recent
years is employee performance management.
With the advent of new technologies, there are now more tools and resources
available to help managers effectively evaluate and improve employee
performance. However, there is a lot of range for improvement in this area.

One of the challenges facing HR professionals is how to keep up with the latest
trends and best practices in employee performance management. Another
challenge is how to communicate the scope and objectives of human resource
management to employees effectively.

Despite these challenges, employee performance management is critical to the


HRM scope. With regular updates on the trends, HR professionals can ensure
that their organisations use the most effective methods for managing employee
performance.

Benefits of Employee Performance management

Identify and address employee development needs

Performance management provides a structured process for identifying and


addressing employee development needs. By assessing employees regularly,
managers can identify areas where employees need improvement.

This information is used to create development plans that address these needs.
As a result, employees are more likely to reach their potential and contribute
positively to the organisation.

In addition, performance management can help identify high-potential


employees who may be candidates for promotion or other opportunities.

Facilitates communication between managers and employees

Performance management provides a forum for regular communication


between managers and employees. This communication can help ensure that
employees are aware of expectations and are allowed to give feedback on their
performance.

In addition, regular communication can help build trust and rapport between
managers and employees. This trust and rapport are essential for effective
working relationships. Finally, communication about performance can help
identify issues early on before they become significant problems.

Improve overall organisational performance


By improving individual employee performance, performance management can
help to improve overall organisational performance. When employees perform
at their best, they are more productive and engaged. 

This increased productivity and engagement can improve organisational


performance in terms of profitability, customer satisfaction, and employee
retention.

Compensation and Benefits Administration


This is the process of designing and maintaining employee compensation and
benefits programs. It includes developing eligibility criteria, classifying
employees, and administering payroll deductions. HR professionals work with
accounting staff to ensure that employees are paid correctly and on time. They
also work with benefit providers to set up and administer employee benefit
programs, such as health insurance and retirement plans.

Having a thorough comprehension of state laws governing employee


compensation and benefits becomes imperative. These laws are constantly
changing, so HR professionals must stay up-to-date on the latest developments.
They must communicate these changes to employees and managers effectively.

In addition to compensation and benefits administration, HR professionals are


also responsible for employee relations. This includes investigating and resolving
workplace issues, such as harassment and discrimination complaints. HR
professionals create a positive work environment and foster good relationships
between employees and managers.

Benefits of Compensation and Benefits Administration:

Boosts employee morale

Compensation and benefits administration can have a positive impact on


employee morale. When employees are fairly compensated and have good
benefits, they are more likely to feel content with their jobs. This can lead to
increased productivity and a reduction in turnover.

Compensation and benefits administration can also help to attract and retain
top talent. By offering competitive salaries and benefits, employers can entice
the best candidates to apply for open positions. And once hired, these
employees are more likely to stay with the company for the long term.

Reduces costs
Compensation and benefits administration can help to reduce costs for
employers. HR professionals can ensure that employees are not overpaid or
underpaid by properly managing payroll deductions. This can help to prevent
errors and save the company money.

In addition, by offering benefits like health insurance and retirement plans,


employers can save on taxes. These benefits are tax-deductible for businesses,
which can lead to significant savings.

Industrial Relations
Industrial relations is the field of human resource management that deals with
managing employees in businesses and organisations. The scope of industrial
relations includes aspects such as employee relations, labour relations, and
Collective bargaining.

HRM is a field that is constantly evolving and growing. As businesses become


more globalised, the scope of human resource management has become more
complex. The scope of human resource management now includes managing
employees in various countries and cultures. Industrial relation is a field that is
growing in importance as businesses become more globalised.

Also Read: Nature and Objectives of Human Resource Management

Benefits of Industrial Relations

Improves communication and understanding 

Effective communication is essential for any organisation, but it is imperative in


an unionised workplace. Industrial relations help to improve communication and
understanding between employees and management.

Resolves conflict

Conflict is inevitable in any organisation, but it can be especially damaging.


Industrial relations can help to resolve conflict before it gets out of hand and
disrupts the work culture.

Industrial relation is a vital part of human resource management. The scope of


industrial relations has grown and changed as businesses have become more
globalised. Industrial relations help to improve communication and
understanding between employees and management, and they can help to
resolve conflict.
The Bottom Line
The scope of human resource management also includes managing employees
who are working remotely. With the advent of technology, more and more
employees are working remotely, which presents a new set of challenges for
human resource managers.

Areas of Emphasis: Human Resource


Management
Choosing an area of emphasis is one of the most important decisions that you
will make as a business student. The human resource management
emphasis allows students to focus on the essential functions of human
resources within organisations. There are different areas of human resource
management emphasis, and each one is important to the organisation’s
overall success. This blog post will discuss some critical areas covered in this
program. We will also highlight some of the benefits that students can expect to
gain from pursuing this career.

What is the Area of Emphasis In Human Resource Management?


The human resource management field is vast and continues to grow. There are
different areas of human resource management emphasis that an aspiring
HR needs to choose from. With the different areas of focus, an HR can specialise
in a specific area they are passionate about or feel would be the most beneficial
to their career. 

Also Read: Nature and Objectives of Human Resource Management

Let us discuss some of the significant areas of human resource management


emphasis:

Employee Safety And Security Emphasis


One of human resource management’s most important roles is ensuring that
employees are safe and secure while at work. It includes creating and enforcing
safety policies, investigating accidents, and providing training on safety
procedures. It is among the most potential areas of human resource
management that hold great possibilities for HR students.

It focuses on minimising the risks in workplaces by identifying potential hazards


and implementing safety measures to protect employees from injuries,
accidents, and exposure to harmful substances. The crucial tasks involved in
employee safety and security emphasis are:
 Background inspection: The human resource department is responsible for
conducting background checks on all new employees. It helps to ensure that only
qualified and trustworthy individuals are hired.
 Enforcing safety policies: In this area of human resources, managers create
and implement safety policies in the workplace. These policies help to minimise
the risks of accidents and injuries.
 Business contingency plan: Human resource managers develop contingency
plans for businesses in the event of a natural disaster or other emergencies. This
helps to ensure that companies can continue to operate even in the face of
adversity.
 Risk Management: Risk management is another crucial area of human resource
management. HR managers identify and assess risks to the company and its
employees. They then develop and implement strategies to minimise these risks.
Risk management is a critical function of human resource management as it
helps to protect the company from potential liabilities.
 Theft and Fraud Protection: The human resource department is responsible
for protecting the company from theft and fraud. It includes investigating
suspected cases of theft or fraud, implementing security measures to prevent
theft and fraud, and training employees on how to prevent and detect theft and
fraud.

Employee Relations Emphasis


The human resource management emphasis on employee relations provides
students with the skills necessary to manage employee benefits and
compensation, labour relations, and compliance with employment laws. This
emphasis prepares students for careers in human resource management and
makes them attractive candidates for positions in other industries.

Some of the crucial tasks involved in employee relations emphasis:


 Codes of Conduct: Organisations have codes of conduct that employees must
adhere to. These codes of conduct may be specific to the organisation or
industry, and human resource managers must be familiar with them to enforce
them.
 Counselling: human resource managers often act as counsellors, mediators,
and arbitrators between employees. They may provide counselling services to
employees who are experiencing personal or work-related problems.
 Investigations: With the increasing number of compliance laws, human
resource managers must be skilled in investigating potential violations. HR
managers are called upon to investigate allegations of harassment or other
forms of discrimination.
 Performance management: When employees are not meeting the expectations
of their position, it is human resource managers must take corrective action. It
may involve providing coaching and mentoring, as well as conducting
performance reviews.
 Recognition Program: While human resource managers are responsible for
ensuring that employees are meeting their goals, they also play a role in
recognising and rewarding employees for their achievements. It may include
creating and administering employee recognition programs.

Organizational Development Emphasis


In human resource management, organisational development (OD) is the
process of planned change in an organisation’s values, norms, behaviours,
processes, and structures to align them with the organisation’s mission, vision,
and strategy. The goal of OD is to make organisations more effective by
improving communication, teamwork, and employee engagement. 
Some common OD interventions include changes to the organisation’s structure,
culture, or processes. For example, an organisation might implement a new
strategy for performance reviews or create a team-based system to encourage
collaboration.

OD is a complex and multi-faceted process, and it can be challenging to know


where to start. However, these are a few critical areas of focus that can help
make your OD efforts more successful:

 Change Management: It is a critical component of OD. Change management is


about planning, implementing, and monitoring changes in an organisation. It
helps ensure that all changes are made in a controlled and safe manner and that
the goals of the organisation are met.
 Corporate governance: It is deemed as the system of rules, practices, and
processes that an organisation uses to ensure that it is operated in a fair,
transparent, and accountable manner. Good corporate governance helps build
trust and confidence in an organisation, making it more resilient to change.
 Mentoring: It is a process in which an experienced individual (the mentor)
provides guidance and support to another individual (the mentee). It can help
employees to develop new skills, gain confidence, and progress in their careers.
 Leadership development: Leadership development is the process of helping
leaders to improve their skills and knowledge. It can involve training, coaching,
and mentoring. Leadership development can help organisations build a
talent pipeline and create a leadership culture.
 Cultural integration: The human resource manager needs to understand and
be able to manage the effects of cultural differences in the workplace. Cultural
integration is the process of bringing employees from different cultures and
helping them understand and appreciate each other’s differences. It will help in
creating a more cohesive and productive workplace.

Rewards And Benefits Emphasis


One of the most critical aspects of HRM is the rewards and benefits system. A
well-designed rewards and benefits system can help to motivate employees and
encourage them to stay with the company. It helps in designing a system that is
fair and equitable and that takes into account the different needs of employees.

Also Read: Evolution Of Human Resource Management: Past and Future

Rewards and benefits come in many different forms, and choosing the right mix
of rewards is vital to suit your company and your employees. Some common
types of rewards include:

Incentives: Incentives are a great way to motivate employees and encourage


them to achieve specific goals. All these incentives can be used to reward
employees for meeting targets, reaching sales targets, or for any other desired
behaviour.

Pension Management: Pension is the provision of income during retirement. It


is a significant benefit that can help to attract and retain employees. When
designing a pension scheme, it is essential to consider the needs of your
employees and your budget.

Payroll: It is the process of distributing and calculating employee wages. It is a


complex task that requires careful planning and management. Payroll must be
accurate and timely and must comply with all relevant laws and regulations.

Many other types of rewards and benefits can be used to motivate and
encourage employees. The key is to choose the correct mix of rewards to suit
your company and your employees.

There is an ocean of information when it comes to selecting your area of human


resource management emphasis. However, the catch is to pick the most reliable
and insightful resource that can offer you practice-based learning.

Guess what? We have come up with an engaging PG certificate course that is


right for you. Reach the summit of your HR career with a Post Graduate
Certificate in Human Resource Management. Check out the course right away!

Things To Consider While Choosing The Area of Emphasis In Human


Resource Management
Human resource management is a field that is constantly evolving. Owing to the
ever-changing landscape of the workforce, it is essential to be up-to-date on the
latest trends and practices. Check out the crucial things to consider while
choosing the area of human resource management emphasis:
The Size of the Company
Human resource management functions vary greatly depending on the size of
the company. For example, a small business might only need one human
resource manager, while a large corporation might have an entire human
resource department.

The Industry
The HRM functions required for a manufacturing company will differ from those
required for a service-based company. It is essential to choose an area of
emphasis that is specific to the industry in which the company operates.

The Company Culture


HRM functions will be different in a company with a traditional culture versus a
company with a more liberal culture. When choosing an area of focus, it is vital
to consider the company culture and how it might impact the human resource
management functions required.

Scope of Opportunity
There are many human resource management positions available in both the
private and public sectors. HRM offers a broad scope of opportunities. One can
choose to specialise in a particular area or function of human resource
management, or one can choose to take a more generalist approach. With the
proper education and experience, human resource management can be an
enriching career.
Benefits and Compensation
HRM is a field that offers excellent benefits and compensation. Human resource
managers typically earn a high salary, and the position often comes with other
benefits such as health insurance and a retirement plan. While picking the area
of human resource management to specialise in, it is essential to keep
the benefits and compensation in mind.

Why Is It Important to Choose An Area of Emphasis In Human Resource


Management?
Human resource management is a broad field that covers many different areas
of expertise. By choosing an area of human resource management emphasis,
you will be able to specialise in a specific area that interests you. This will make
you more approachable to employers and help you advance in your career.

You can present yourself as a proficient HR candidate who can address specific
organisational human resource management issues. By specialising in human
resource management, you will also better understand how to manage and
motivate employees. It is a critical skill that all employers value.

If you are interested in human resource management, then you should consider
choosing an emphasis within the field. You cannot go wrong with human
resource management as it is a field that is always demanding and will continue
to grow in the future. Human resource management is a career vertical that
offers many opportunities for career growth and advancement. Choose an area
of emphasis to specialise in and start your journey towards a successful career
in human resource management today!

The Bottom Line


Human resource management is a prosperous field of study with many areas of
emphasis to choose from. By taking the time to understand the different areas
of human resource management emphasis, students can find the proper
focus for their career goals. With the vast array of human resource management
jobs available, there is sure to be a perfect fit for everyone. The job role will vary
depending on the area of human resource management that you choose to
study. The roles and responsibilities in human resource management differ in
each focus area. Hence it becomes imperative to specialise in a concerned area
of emphasis. 

Want to discover everything about human resource management? Check out


our Post Graduate Certificate in Human Resource Management which will give
you a detailed insight into human resource management practices! Our seats for
the November batch are filling real quick. Take a look at the course right away!
Key Fundamentals of Human
Resource Management
Human resources management is the most important aspect of any business. It
is not just responsible for recruiting, training, and managing employees; it is
about much more. Learning the fundamentals of human resource
management is essential to get through HR management. This blog will discuss
some of the essential concepts in HRM. 

“A study found that human resource management is one of the most important
functions in any business.”  – The Society for Human Resource Management
(SHRM), 2017. 

What Are The Primary Fundamentals Of Human Resource Management?


Fundamentals of human resource management help you perform your HR
responsibilities effectively and efficiently. It encompasses various activities,
which are as follows:

Planning: This is the most crucial step in any process. In the context of human
resources management, planning involves setting goals and objectives and
determining the best way to achieve them. You need to have a clear plan of what
you want to accomplish before you can start working towards it.
Organising: Once you have a plan in place, the next step is to organise your
resources. It includes allocating tasks, assigning roles and responsibilities, and
creating a structure to help you achieve your goals.

Staffing: The next step is identifying the people who will help you achieve your
goals. Staffing is one of the most critical aspects of human resources
management, as it can make or break your company. It encompasses recruiting,
selecting, and training employees.

Directing: Once you have the right people in place, you need to provide them
with direction. It includes setting expectations, communicating goals, and giving
feedback. Hence, it is essential to remember that employees are human beings
and must be treated as such.

Controlling: The final step in the process is controlling your resources. Control


is essential to ensure that your company is on track and achieving its goals. It
includes monitoring progress, evaluating results, and taking corrective action
when necessary.

While these are some of the crucial fundamentals of human resources, plenty of


other concepts come under these fundamentals but hold just as much
importance. 

Also Read: Scope for Human Resource Management

Getting Up And Close With Key Fundamentals of Human Resource


Management 
Human resources management is vast and complex, but understanding the
basics is essential to success. Let’s learn about the key fundamentals of HRM in
detail and understand its benefits.

Succession Planning

One of the critical fundamentals of human resource management is succession


planning. This process involves identifying and developing future leaders within
an organisation. Succession planning is essential because it ensures a talent
pool to draw from when senior leaders retire or leave the organisation. It also
helps to develop a pipeline of talent, which can be used to fill future vacancies.

With succession planning, HR professionals can identify potential leaders and


provide them with the opportunity to develop their skills. This process can also
help to retain talent within an organisation, as employees are more likely to stay
if they see latent advancement.
Example Of Succession Planning

An example of succession planning would be if a company identified an


employee with the potential to be a future leader and provided them with
additional training and development opportunities. It would help prepare the
employee for a future leadership role and increase their loyalty to the company.

Recruitment And Selection

Recruiting and selecting employees is crucial to any organisation, as it can


significantly impact its performance. The goal of recruitment and selection is to
find the best possible employees for the organisation in terms of their
qualifications and corporate ethics.

There are several ways to recruit and select employees, and the most effective
approach will vary depending on the organisation’s specific needs. However,
there are some key fundamentals that all organisations should keep in mind
when designing their recruitment and selection processes.

 First, it is crucial to clearly define the organisation’s needs. What specific


skills and qualifications are required for the positions?
 Second, the recruitment and selection process should be designed to
identify candidates who have the potential to be successful in the
organisation. It means looking beyond simply their qualifications and
looking for signs that they will be a good fit with the organisation’s culture.
 Finally, the process should be fair and transparent. All candidates should
be given equal opportunities to showcase their qualifications and abilities,
and the selection process should be free of biases.

Example of Recruitment and Selection

The best way to find the most qualified candidates is to use various methods,
including advertising, job fairs, and online job boards. Once you have a reserve
of candidates, you will need to screen them to ensure they meet your
qualifications.

Performance Management

As a manager, one of your key fundamentals is performance management. It


involves setting expectations for employees and providing feedback on their
progress. It’s important to be clear and concise when communicating
expectations and give constructive and helpful feedback.
Performance management can be complex, but it’s essential to your team’s
success. By taking the time to properly manage performance, you can ensure
that everyone is working towards the same goals and that everyone is held
accountable for their results.

There are a few different tasks involved in performance management. 

 First, you’ll need to set expectations for employees. It means


communicating what is expected of them and setting measurable goals. 
 Next, you’ll need to provide feedback on their progress. It can be done
through regular check-ins and performance reviews. 
 Finally, you’ll need to hold employees accountable for their results. It
means setting consequences for not meeting expectations and following
through with them.

If you’re unsure where to start, plenty of resources are available to help you. For
instance, our Post Graduate Certificate in Human Resource Management gives
you a detailed insight into human resource management, strengthening your
career. With a little effort, you can master performance management
fundamentals and create a system that works for your organisation. Check out
our PG certificate course now!

Learning And Development Process

As your business grows, keeping your employees up-to-date on the latest


industry trends and best practices is essential. A learning and development
process will help you do this, which every business should have in place.

These are a few important things to consider when creating a learning and
development process:

 Make sure you’re clear on the objectives of the training. What do you want
your employees to be able to do after they’ve completed the training?
 Choose the suitable format for the training. Will it be in-person, online, or
a mix of both?
 Consider the delivery method. Will you use an instructor-led format, or
will employees be able to complete the training at their own pace?
 Make sure you have a way to measure the results of the training. It will
help you determine if the learning and development process is effective
and if it needs to be tweaked.
Creating a learning and development process is an important part of a
successful business. By following the tips above, you can ensure that your
method is effective and helps your employees reach their full potential.

Compensation and Rewards

Compensation and rewards are essential fundamentals of human resource


management, as they can motivate employees and help to retain talent.
Competitive salaries and benefits can attract and retain the best employees.
Furthermore, by providing incentives and recognition programs, companies can
motivate employees to achieve their goals.

It is pivotal for employers to keep up with the market rates for salaries and
benefits to remain competitive. Furthermore, employers should review their
compensation and rewards programs regularly to ensure that they meet their
employees’ needs.

Types of compensation and benefits for employees:

 Salaries: Base pay, bonuses, and commissions


 Benefits: Health insurance, retirement plans, child care assistance, and
vacation days
 Incentives: Sales incentives, performance bonuses, and company stock
options
 Recognition: Awards, trophies, and plaques
 Bonuses: Signing bonuses, referral bonuses, and performance-based
bonuses
 Stock options: Employee stock ownership plans (ESOPs) and other stock
options
 Other: Company cars, gym memberships, and tuition reimbursement

Employers can offer their employees many types of compensation and benefits.
By providing a comprehensive package, employers can attract and retain the
best candidates.

While designing a compensation and benefits package, employers should


consider the following:

 What are the market rates for salaries and benefits?


 What are the needs of their employees?
 What type of package will attract and retain the best employees?
 How often should the package be reviewed?

Human Resource Analytics

Human resource analytics is a field of study that applies statistical analysis and
data mining to employee-related data to improve HR decision-making. HR
analytics can be used to predict future HR needs, identify trends in employee
behaviour, and optimise HR processes. HR professionals should have a good
understanding of HR analytics to make better use of data-driven decisions in
their organisations.

One of the crucial fundamentals of human resource management is


understanding how to use data to make better decisions. Human resource
analytics is a perfect example of this. By analysing employee data, HR
professionals can improve their decision-making in several ways. 

If you’re looking to get started in human resource analytics, there are a few
things you should keep in mind. 

 First, it is essential to have a basic understanding of the basics of HR analytics;


only you will be able to adequately utilise the data for the company’s
advancement. 
 Second, you’ll need access to all the employee data that will further help
strengthen your decision-making process. 
 And third, you’ll need to be able to use statistical analysis and data mining
techniques to have the upper hand on the data flow. 

If you’re looking for a more comprehensive guide on the fundamentals of


human resource management, we recommend our Post Graduate Certificate in
Human Resource Management. This PG certificate course covers everything
from recruiting and hiring to onboarding and training. You’ll learn how to create
an HR system that meets the needs of your business, employees, and
customers.

Also Read: Key Objectives of Human Resource Management

What Are The Skills Required For An HR Professional?


The skills required for an HR professional vary depending on the size and nature
of the organisation. However, there are key skills essential for all HR
professionals, regardless of the industry they work in.

 Strong interpersonal skills


 Efficient communication and collaboration skills
 Proficient problem-solving skills
 Stringent decision-making abilities
 Strong analytical and problem-solving skills
 Ability to become proactive and initiative
 Persistent adaptive and capable nature

All these skills and more come together to give rise to well-equipped and
qualified HR professionals who can bring a wave of development to the
company.

The Bottom Line


In conclusion, the key fundamentals of human resource management are
essential to consider when looking at how to manage your team effectively. It is
an indispensable component of a successful company and should be given the
attention it deserves. You can create a more effective and efficient workplace by
considering these fundamentals.

Human resource is a rewarding career that offers plenty of challenges and


opportunities for those interested in pursuing it. It will work as a great launch
pad for those wanting to advance in their career. You can be an excellent human
resource manager with the right skills and knowledge.

If you are thinking about a career in human resource management, consider


taking time to learn about the key fundamentals. It will take you closer to being
successful in HR activities once you understand the fundamentals. 

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